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v3.19.2

Short-Term Borrowings, Long-Term Debt and Available Credit Facilities Debt (Tables) | 6 Months Ended
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Jun. 30, 2019
Debt Instrument [Line Items] |
Schedule of Short-term Debt [Table Text Block] |
Short-term borrowings and finance lease obligations |  |  |
(In millions) | June 30, 2019 | December 31, 2018 | June 30, 2018
Commercial paper | $ | 1,107 |  | $ | 1,847 |  | $ | 737 |
Repurchase facility | 777 |  | — |  | 1,150 |
Other loans - various currencies | 154 |  | 19 |  | 57 |
Long-term debt payable within one year | 2 |  | 263 |  | 1,765 |
Finance lease obligations payable within one year | 18 |  | 25 |  | 6 |
Total short-term borrowings and finance lease obligations | $ | 2,058 |  | $ | 2,154 |  | $ | 3,715 |
Schedule of Long-term Debt Instruments [Table Text Block] |
Long-Term Debt |
| June 30, 2019 | December 31, 2018 | June 30, 2018
(In millions) | Amount | Weighted Average Rate | Amount | Weighted Average Rate | Amount | Weighted Average Rate
Promissory notes and debentures 1: |  |  |  |  |  |
Final maturity 2018 | $ | — |  | — | % | $ | — |  | — | % | $ | 1,252 |  | 1.59 | %
Final maturity 2019 | — |  | — | % | 263 |  | 2.23 | % | 512 |  | 2.23 | %
Final maturity 2020 | — |  | — | % | 2,496 |  | 2.14 | % | 3,054 |  | 1.79 | %
Final maturity 2021 | — |  | — | % | 475 |  | 2.08 | % | 1,568 |  | 2.07 | %
Final maturity 2023 | — |  | — | % | 386 |  | 2.48 | % | 1,268 |  | 2.48 | %
Final maturity 2024 and thereafter | — |  | — | % | 249 |  | 3.69 | % | 2,216 |  | 3.80 | %
Other facilities: |  |  |  |  |  |
Term loan due 2020 2 | — |  | — | % | 2,000 |  | 3.46 | % | 1,500 |  | 3.00 | %
Other loans: |  |  |  |  |  |
Foreign currency loans, various rates and maturities | 3 |  |  |  | 3 |  |  |  | 15 |  |  |
Medium-term notes, varying maturities through 2041 | 110 |  | 2.17 | % | 110 |  | 2.37 | % | 110 |  | 1.22 | %
Finance lease obligations | 6 |  |  |  | 67 |  |  |  | 9 |  |  |
Less: Unamortized debt discount and issuance costs | — |  |  |  | 2 |  |  |  | 3 |  |  |
Less: Long-term debt due within one year | 2 |  |  |  | 263 |  |  |  | 1,765 |  |  |
Total | $ | 117 |  |  |  | $ | 5,784 |  |  |  | $ | 9,736 |  |  |
1. | See discussion of debt redemptions/repayments that follows.
2. The Term Loan Facility was amended in 2018 to extend the maturity date to June 2020
Schedule of Line of Credit Facilities [Table Text Block] |
Committed and Available Credit Facilities at June 30, 2019
(In millions) | Effective Date | Committed Credit | Credit Available | Maturity Date | Interest
Revolving Credit Facility | May 2019 | $ | 3,000 |  | $ | 2,971 |  | May 2024 | Floating Rate
Revolving Credit Facility | May 2019 | 3,000 |  | 3,000 |  | May 2022 | Floating Rate
2019 Repurchase Facility | February 2019 | 1,300 |  | 523 |  | December 2019 | Floating Rate
Total Committed and Available Credit Facilities |  | $ | 7,300 |  | $ | 6,494 |  |  |
Debt [Member] |
Debt Instrument [Line Items] |
Schedule of Long-term Debt Instruments [Table Text Block] |
(in millions) | Amount
4.625% Notes due 2020 | $ | 474 |
3.625% Notes due 2021 | 296 |
4.250% Notes due 2021 | 163 |
2.800% Notes due 2023 | 381 |
6.500% Debentures due 2028 | 57 |
5.600% Senior Notes due 2036 | 42 |
4.900% Notes due 2041 | 48 |
4.150% Notes due 2043 | 69 |
Total | $ | 1,530 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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